Formosa Petrochemical Corp

Common Name
Formosa Petrochemical
Country
Taiwan
Sector
Energy
Industry
Oil & Gas Refining & Marketing
Employees
N/A
Ticker
6505
Exchange
TAIWAN STOCK EXCHANGE
Description
Formosa Petrochemical Corporation is an integral player in the energy and petrochemical industries, particularly known for its comprehensive operations in oil refining, petrochemicals, and power gener...

Formosa Petrochemical's GHG Emissions Data Preview

In 2023, Formosa Petrochemical completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources) and Scope 2 (indirect emissions from purchased energy).

However, Formosa Petrochemical has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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Total Scope 2
Unspecified Calculation Method
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Total Scope 3
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This table provides a simplified preview of selected GHG emissions data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into Formosa Petrochemical's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Formosa Petrochemical amounted to 24,186,372 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).

Compared to 2022, the total operational greenhouse gas (GHG) emissions of Formosa Petrochemical decreased by 0.97%, showing that the company has made progress in taking action to reduce the climate impact of its operations.

Formosa Petrochemical's Scope 1 Emissions Over Time

20182019202020212022202307.5 M15 M22.5 M30 MtCO2e-3%-7%+5%-9%0%
  • Total Scope 1
  • Year-over-Year Change

What are Formosa Petrochemical's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Formosa Petrochemical were 24,004,680 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has Formosa Petrochemical reduced its Scope 1 emissions over time?

Since 2018, Formosa Petrochemical's Scope 1 emissions have decreased by 14.48%, reflecting a declining long-term trend in Scope 1 emissions over time.

Compared to the previous year (2022), Formosa Petrochemical's Scope 1 emissions remained relatively stable, indicating that Formosa Petrochemical's emissions have plateaued with no significant change in its operational footprint.

What are Formosa Petrochemical's Scope 2 emissions?

In 2023, Formosa Petrochemical reported Scope 2 greenhouse gas (GHG) emissions of 181,692 tCOâ‚‚e without specifying the calculation method.

Has Formosa Petrochemical reduced its Scope 2 emissions over time?

Since 2018, Formosa Petrochemical's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method) have increased by 67.43%, reflecting a rising long-term trend in Scope 2 emissions over time.

Compared to the previous year (2022), Formosa Petrochemical's Scope 2 emissions (Unspecified Calculation Method) fell by 57.1% in 2023, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption.

What methodology does Formosa Petrochemical use for Scope 2 reporting?

In 2023, Formosa Petrochemical reported its Scope 2 emissions using an unspecified methodology.

Formosa Petrochemical's Scope 2 Emissions Over Time

2018201920202021202220230150 k300 k450 k600 ktCO2e
  • Total Scope 2 (Unspecified Calculation Method)
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